Holley Reports First Quarter 2024 Results; Continues Organizational Transformation With Key Executive Appointments to Drive Organic Growth

BOWLING GREEN, Ky.--(BUSINESS WIRE)--Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced financial results for its first quarter ended March 31, 2024. First Quarter Highlights vs. Prior Year Period Net Sales decreased 7.9% to $158.6 million compared to $172.2 million last year Net Income was $3.7 million, or $0.03 per diluted share, compared to $4.2 million, or $0.04 per diluted share, last year Adjusted Net Income1 was $0.1 million